My wife and I are jointly (70/30 split) buying home (primary residence) with daughter and husband. How is mortgage set up?
Michael's answer
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Answered on June 18, 2013
You should retain the services of a local real estate attorney who may explain the different types of tenancies to you.
The deed would spell out...
Revocable easement agreement
Michael's answer
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Answered on June 18, 2013
You may wish to consider a lease, easement for a fixed term of years or a license agreement.
My preference, without knowing more, would likely...
Name is listed incorrect on deed.
Michael's answer
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Answered on June 18, 2013
You may sign the deed.
If you are uncomfortable with the incorrect middle initial, you can sign without a middle initial or make some notation...
Archived
My ex-boyfriend is threatening to sue me. I need to know if I should get a lawyer or how I should respond?
Michael's answer
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Answered on June 18, 2013
You should speak a to a local attorney. Here, in NJ, we have a consumer fraud act that applies to home improvement contractors. It requires that...
Archived
Should I shift real estate out of my name prior to filling out an affidavit about my assets or is accident date the factor?
Michael's answer
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Answered on June 18, 2013
Who is asking for your personal financial information?
Prior to a lawsuit, a plaintiff has no right to know you personal assets. You should turn...
Archived
Do we have any defense? Fence contractor relocated sprinkler heads from our property when new fence was installed.
Michael's answer
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Answered on June 17, 2013
I agree with the prior response.
If you are being sued, then join the fence company who moved the sprinkler heads without your knowledge or...
Archived
Do I need to disclose this to a prospective buyer of my house ...?
Michael's answer
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Answered on June 17, 2013
It would be advisable to disclose the fact to prospective buyers.
Although you might lose a possible buyer due to a disclosure of an adverse...
Archived
I own my house free and clear. My son wants his name off.
Michael's answer
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Answered on June 17, 2013
If you both agree to convey the home from you both together to you alone, you may have an attorney prepare a new deed and associated forms required...
Archived
Do i need a real estate attorney?
Michael's answer
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Answered on June 17, 2013
I am not sure what you mean by having your wife assume mortgages. If you are divorced, and the court ordered her to refinance the mortgage to have...
Archived
What is the legal procedure to remove boilers and heaters from a property?
Michael's answer
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Answered on June 17, 2013
I agree with Mr. Weinman. We need more information in order to provide a response.
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